Bernie Sanders and Ro Khanna propose bill to impose wealth tax on billionaires

Make billionaires pay their fair share act would apply to those with a net worth of $1bn or more Sign up for the Breaking News US email to get newsletter alerts in your inbox Senator Bernie Sanders and Ro Khanna, a representative, on Monday introduced legislation that would impose a 5% annual wealth tax on America’s billionaires. The proposal, titled the make billionaires pay their fair share act, would apply to individuals in the US with a net worth of $1bn or more, of which Sanders’s offi...

By Anna Betts